To qualify for S corporation status, the corporation must meet the following requirements: 1  Be a domestic corporation. 2  Have only allowable shareholders May be individuals, certain trusts, and estates and. May not be partnerships, corporations or non-resident alien shareholders. 3  Have no more than 100 shareholders.  Have only one class of stock.
Honor cords in shades of silver or grey are most often awarded to students graduating with degrees in medical science, such as: chiropractic, speech, oratory, and veterinary science.
The color code can often be seen in the graduate's regalia hood, which is worn around the neck and drapes over the shoulders to cover the back. The color can also be reflected in stripes on the gown's sleeves and in the graduation cap's tassel. The American Academic Costume Code also gives guidelines for the style gowns and other commencement accessories, including the materials they are made of.